2019 (8) TMI 359

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..... C For the Respondent : Mr.N.V.Balaji COMMON JUDGMENT T .S.SIVAGNANAM, J. We have heard Mr.Karthik Ranganathan, learned Senior Standing Counsel for the appellant - Revenue and Mr.N.V.Balaji learned counsel appearing for the respondent - assessee. 2. These appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961 (for short, the Act) are directed against the common order dated .....

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..... he head 'income from business' when the assessee was not engaged in any business activity and as the condition for chargeability of property income as provided under the provision of Section 22 of the Income Tax Act are satisfied in the present case and thereby to be assessed under the head 'income from house property' only? iii. Whether, on the facts and circumstances of the cas .....

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..... 'income from house property' and not as 'business income' and further, whether non appreciation/ignorance of the ratio of decision of the Hon'ble Apex Court, while deciding the issue, had made the order of the Tribunal perverse, both in law and facts? And v. Whether, on the facts and in the circumstances of the case, the Tribunal was legally justified in holding that the ren .....

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